Greece’s bail-out only delays the inevitable

Commentary feature. Wolfgang Münchau discusses why Greek debt restructuring is inevitable.

ESO: Background information: Greece seeks talks on €30bn rescue http://www.europeansources.info/record/greece-seeks-talks-on-e30bn-rescue/

ESO: Background information: A Greek bail-out at last but no real solution http://www.europeansources.info/record/a-greek-bail-out-at-last-but-no-real-solution/

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